For clarification purposes Sample Clauses

For clarification purposes. If You have licensed the source code as defined in section § 2a or object code as defined in section (§ 2b) only for the target CPU as specified in the related PO and order confirmation an executable generated by You designed to run on a PC or server is outside the scope of this license agreement and requires to purchase an additional license from SEGGER.
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For clarification purposes. While an Employee is on the Seniority List, the Company agrees that the Group Health Benefits as per Article 28 and Group Benefit Plans shall continue until the provisions listed in Article 11.03 (Loss of Seniority) apply. Benefits are not provided for Leave of Absence and Lay-offs, which extend beyond the end of the calendar month in which the lay off commences.
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For clarification purposes. If a Pending Local Closing does not occur on one specific date but is carried out successively, the Transferred Assets Pending Closings will be comprised by such valuation considering their USD-value at the time of transfer to the respective Asset Purchaser (or, with respect to the Sold Assets Brazil, any other third party the Parties had agreed on in writing). For the avoidance of doubt, this also applies to the Transferred Assets Brazil, which may be transferred to a third party acquirer not being part of Purchaser's corporate group. The Parties agree that, in case the Sold Assets Brazil are transferred to a third party and such third party rejects and/or refuses transfer of some of the Sold Assets Brazil to it, the Purchaser remains liable for and shall pay to the Seller Parent the full purchase price for the Transferred Assets Brazil.
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For clarification purposes. If an employee accepts a temporary bid at a lower paying position he shall receive the lower rate.
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For clarification purposes when a holiday begins and ends, the first shift of the day shall be the shift where the majority of hours are completed before 8:00 A.M.
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Related to For clarification purposes

  • Clarification The County reserves the right to request clarification of information submitted and to request additional information of one or more proposers.

  • Clarifications It is the Bidder’s responsibility to become familiar with and fully informed regarding the terms, conditions and specifications of this Invitation for Bids. Lack of understanding and/or misinterpretation of any portions of this Invitation for Bids shall not be cause for withdrawal of your bid after opening or for subsequent protest of award. Bidder’s must contact the Procurement Division, at the phone number on the bid cover sheet prior to bid opening, should clarification be required. Modification or alteration of the documents contained in the solicitation or contract shall only be valid if mutually agreed to in writing by the Bidder and the County.

  • Business Purposes The Loan is solely for the business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

  • Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement Except as otherwise expressly provided in this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to them in conformity with GAAP. Financial statements and other information required to be delivered by Company to Lenders pursuant to clauses (ii), (iii) and (xii) of subsection 6.1 shall be prepared in accordance with GAAP as in effect at the time of such preparation (and delivered together with the reconciliation statements provided for in subsection 6.1(v)). Calculations in connection with the definitions, covenants and other provisions of this Agreement shall utilize GAAP as in effect on the date of determination, applied in a manner consistent with that used in preparing the financial statements referred to in subsection 5.3. If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in any Loan Document, and Company, Administrative Agent or Requisite Lenders shall so request, Administrative Agent, Lenders and Company shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of Requisite Lenders), provided that, until so amended, such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and Company shall provide to Administrative Agent and Lenders reconciliation statements provided for in subsection 6.1(v).

  • Purposes The Company was formed for the object and purpose of, and the nature of the business to be conducted by the Company is, engaging in any lawful act or activity for which limited liability companies may be formed under the Act.

  • Definition of the Terms “Business Day”, “Affiliate” and “Subsidiary”. For purposes of this Agreement, (a) “business day” means each Monday, Tuesday, Wednesday, Thursday or Friday that is not a day on which banking institutions in New York are generally authorized or obligated by law or executive order to close, and (b) “affiliate” and “subsidiary” have the meanings set forth in Rule 405 under the Securities Act.

  • Alternative Structure Notwithstanding any provision of this Agreement to the contrary, Parent may at any time modify the structure of the acquisition of the Company set forth herein, subject to the prior written consent of the Company, which consent shall not be unreasonably withheld or delayed, provided that (i) the Merger Consideration to be paid to the holders of Company Common Stock is not thereby changed in kind or reduced in amount as a result of such modification, (ii) such modification will not adversely affect the tax treatment of the Company's shareholders as a result of receiving the Merger Consideration and (iii) such modification will not materially delay or jeopardize receipt of any required approvals of Governmental Authorities.

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